Turbulence in global titanium supply
In 2025, the US Department of Defense (DoD) awarded IperionX (NASDAQ: IPX | ASX: IPX) US$47.1 million in funding to develop a fully-integrated domestic mineral-to-metal titanium supply chain. This is further to a previous DoD award in 2023 of US$12.7 million to increase titanium powder production for defense supply chains.
The renewed interest comes as President Donald Trump signed an executive order invoking cold war era powers to ramp up critical mineral production across the US — and it’s expected titanium will be prioritized.
Turbulence in global titanium supply In 2025, the US Department...
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